59. What is a contractual adjustment? a. An adjusting entry made at year-end to accrue unpaid patient service revenue. b. A reduction of patient service revenue for charity care. c. An allocation of...


59. What is a contractual adjustment?<br>a. An adjusting entry made at year-end to accrue<br>unpaid patient service revenue.<br>b. A reduction of patient service revenue for charity<br>care.<br>c. An allocation of the cost of patient care to the<br>departments that supply the patient care.<br>d. A reduction in patient service revenue because of<br>agreements with third party payors that allow<br>them to pay a health care entity based on the<br>agreed upon determination of reasonable cost.<br>

Extracted text: 59. What is a contractual adjustment? a. An adjusting entry made at year-end to accrue unpaid patient service revenue. b. A reduction of patient service revenue for charity care. c. An allocation of the cost of patient care to the departments that supply the patient care. d. A reduction in patient service revenue because of agreements with third party payors that allow them to pay a health care entity based on the agreed upon determination of reasonable cost.

Jun 07, 2022
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